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VSE (VSEC)
NASDAQ:VSEC
Holding VSEC?
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.71Last Year’s EPS
0.85Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: -3.54%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance and growth in the Aviation segment, supported by strategic acquisitions and successful financial maneuvers. However, these positives were balanced by challenges in the Fleet segment, particularly related to USPS revenue declines. The sentiment remains cautiously optimistic with a focus on strategic integrations and recovery in the Fleet segment.Company Guidance
In the VSE Corporation Q3 2024 earnings call, several key metrics and guidance were provided. The Aviation segment, which now accounts for over 70% of the company's total revenue, saw a remarkable 34% increase in sales and is expected to continue experiencing near double-digit revenue growth into 2025, driven by high passenger volumes and an aging global fleet. The Kellstrom Aerospace acquisition, expected to close in December 2024, is anticipated to generate run-rate synergies of approximately $4 million within 18 months and aims to achieve EBITDA margins exceeding 15%. For the Fleet segment, revenue declined by 11% due to a temporary slowdown in USPS activities, though a recovery is anticipated in the coming quarter. Overall, VSE reported a total revenue increase of 18% to $274 million, with adjusted EBITDA rising 3% to $33 million, and maintained a strong outlook for continued growth and profitability.Record Aviation Segment Performance
Aviation segment achieved record revenue and profitability, with a 34% increase in sales driven by strong execution in distribution programs and MRO market share gains.
Strategic Acquisition of Kellstrom Aerospace
VSE announced the acquisition of Kellstrom Aerospace, expected to bring $175 million in revenue and $20 million in adjusted EBITDA, with anticipated synergies of $4 million within 18 months.
Successful Follow-on Offering
Completed a follow-on offering of approximately 2 million shares at $87 per share, raising funds to support the Kellstrom acquisition.
Significant Growth in MRO Revenue
MRO revenue increased by 86% in the quarter, driven by expansion of repair capabilities and market share gains.
Increased 2024 Revenue Guidance for Aviation
VSE increased full year 2024 revenue growth guidance for Aviation segment from 34%-38% to 39%-41%.
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VSEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VSEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $106.11 | $116.36 | +9.66% |
| Jul 31, 2024 | $88.82 | $84.03 | -5.39% |
| May 08, 2024 | $84.96 | $80.44 | -5.32% |
| Mar 06, 2024 | $75.68 | $74.91 | -1.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VSE (VSEC) report earnings?
VSE (VSEC) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is VSE (VSEC) earnings time?
VSE (VSEC) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VSEC EPS forecast?
VSEC EPS forecast for the fiscal quarter 2024 (Q4) is 0.71.
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